$489,000 FOR SALE
Condo Townhouse Contemporary
Bedrooms: 3Bathrooms: 2Maintenance Fees: $226
981 12 Street Se #25
Salmon Arm, BC
V1E 2C8 | SE Salmon Arm
Brand New Buena Vista Lane Townhomes now under construction with Phase One being ready for occupancy in the Spring of 2025. This is Unit #25 located in Building G. Built to attract first time home buyers &/or rental investors this 1291 SqFt townhome offers 3 levels, 3 Bedrooms & 2 Bathrooms. Includes all appliances; Fridge, Stove, DW, Micro & W/D, Vacuum and all Blinds. Development contains 10 buildings & this unit offers lakeviews. Built in a lane style design with an attached garage, private side entry, hardi-board exteriors, backyard deck, extra open space parking spot along with plenty of visitor parking too. Developers incentive offering no strata fees ($226/month) for the first year for first time home buyers. Financing OAC* with $125,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment + 5% GST, 4.59% interest rate over 25-year amortization with a monthly payment of $2,698.23. Other incentives are applicable too, such as no property transfer taxes & gov't down payment incentives. Property is next door to a child day care & close to schools. Investors can expect $3000/month in rental income with a +7% gross cap rate on purchase price and with 20% down payment that would be a 36% gross return on cash invested.... Best deal in the Shuswap! (id:47423)
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| Listed By | Homelife Salmon Arm Realty.Com |
|---|---|
| Data Provided By | Association of Interior REALTORS® |
| MLS® Listing Number | 10313020 |
| Last Updated | Sep 09, 2024 |
Property Summary
| Property Type |
Condo Townhouse
More like this: |
|---|---|
| Maintenance Fees | $226 |
| Neighbourhood | SE Salmon Arm |
| Community | Buena Vista Lane Townhomes |
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
| Bedrooms | 3 |
|---|---|
| Bathrooms | 2 |
| Community Features | Rentals Allowed |
| Features | Central island |
| Listing Contract Date | 2024-05-02 |
| Maintenance Fee Payment Frequency | Monthly |
| Municipal ID | 032-183-879 |
| Ownership Type | Strata |
| # of Parking Spaces | 3 |
| Property Type | Single Family |
| Transaction Type | For sale |
| Zoning | Unknown |
Building
| Appliances | Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/Dryer Stack-Up |
|---|---|
| Architectural Style | Contemporary |
| Constructed Date | 2024 |
| Construction Style (Attachment) | Attached |
| Cooling Type | Heat Pump, Wall unit |
| Fireplace Fuel | Electric |
| Fireplace Present | Yes |
| Fireplace Type | Unknown |
| Flooring Type | Vinyl |
| Heating Fuel | Electric |
| Heating Type | Forced air, Heat Pump |
| Roof Material | Asphalt shingle |
| Roof Style | Unknown |
| Stories Total | 3 |
| Type | Row / Townhouse |
| Utility Water | Municipal water |
Rooms
| Room | Level | Dimensions | Notes |
|---|---|---|---|
| Bedroom | Second level | 10' x 9' | |
| Bedroom | Second level | 9'2'' x 10' | |
| 4pc Bathroom | Second level | 13' x 5' | |
| Primary Bedroom | Second level | 9'9'' x 13' | |
| Other | Basement | 15' x 22' | |
| Foyer | Basement | 15' x 14'7'' | |
| Laundry room | Main level | 3' x 3' | |
| 3pc Bathroom | Main level | 8'9'' x 6'2'' | |
| Kitchen | Main level | 11'8'' x 14'1'' | |
| Dining room | Main level | 15' x 7'4'' | |
| Living room | Main level | 15' x 12' |
Parking Spaces
| Name | Spaces |
|---|---|
| Attached Garage | 2 |
Land
| Total Size | under 1 acre |
|---|---|
| Sewer | Municipal sewage system |
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